Bankruptcy Watch: Will Brooks Brothers or Ascena Be Fashion’s Next Filers? – Sourcing Journal

June 8, 2020 5:55AM ET

Bankruptcy talk is swirling around Brooks Brothers and Ascena Retail Group as the coronavirus pandemic pushes struggling clothing companies to the brink. Both have faced financial pressures in the recent past and the prolonged COVID-19 store closures has done little to bolster their bottom lines. Said to be up for sale in the latter part…

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